Reported about 5 hours ago
Australia's Syrah Resources has secured an extension from Tesla to address a breach in their graphite supply agreement, pushing the deadline from September 16 to November 15. This agreement is crucial for Syrah's expansion in the U.S. market, as Tesla previously issued a default notice due to Syrah's failure to provide the required material samples. The deal is vital for Syrah's goal to become a significant supplier of non-Chinese graphite in the U.S.
Source: YAHOO